Rent vs. Buy

[SD Realtor]

4plex –

As sdrealtor corrected me on this issue, I will correct you regarding the termite clearance. Lenders do not require a clearance unless the buyer requests a clearance in the purchase agreement. (fact that sdrealtor posted and I did verify)

As far as the transfer goes, since the home may be a transfer of some type by relatives there “MAY BE” an exlcusion you can take advantage of to escape a reassessment however that is PURELY SPECULATIVE on my part.

My main concern is the location of the home. I have been out to Santee and Lakeside alot over the past year and I have watched it come down hard and I really do not see much respite as the downtrend continues. I know there are alot of emotions involved with family owned homes so that is always a tug in the other direction. If you get a good deal on it and can cash flow it positive then perhaps keeping it is a good way to go.

I would indeed get the termite work done just to get it done. Pretty much every home has drywood termites. If you have subt termites then that is bad. I know of many a home that has been treated unsuccessfully for subt types and it is a very tough process that sometimes requires recurring visits, drilling holes in the slab get to them, etc… I would guess you may not have these types. One thing you can do is pull up your carpet in spots and look around. Also check where there are areas of moisture such as shower drains and other things like that. The root of the evil for subt types are moisture under or in hairline cracks in the slab. If you pull your carpet up in a few spots and find them crawling around that may be a bad sign. If you see shavings (powder) from above on the ground it is most likely drywoods so no big problem there.

I am NOT a termite expert. Consult a qualified pest control agency.

SD Realtor

[4plexowner]

I’ve looked at prefab type housing from time to time – I don’t have the skills to build from scratch but I can follow directions and use basic hand tools – I look at http://www.yurts.com and think about a much simpler lifestyle away from the big city – and then I remember kids and family and work etc … and life goes on

many aspects of human communication are visual – body language, facial expressions – there’s also the audio aspects of communication like inflection, pauses, rate of speech – all of this is lost in this blog – all we have is the written word to communicate with

the bantering that you refer to allows us to use all aspects of communication and it also allows for quick exchange of ideas – it is sort of like mental sparring and like you, I enjoy it and I might say things just to get a rise out of somebody (if you don’t want someone to get your goat, don’t tell them where it is tied!) – the written word results in slower and more cumbersome communication – ideas that might be explored in depth during a hallway conversation with the guys get lost on the blog because it is hard to put words down in print

and if it wasn’t hard enough to put our thoughts into written words, we have to worry about having our ideas trashed as well as being the butt of ridicule and scorn – I have a perception that some people would post more (or post for the first time) if we could lessen the fear of being trashed and made fun of – that is what I am working on for myself – being slower to pounce but still having an expectation that data is required and that new ideas are easier to read when they are presented as “IMO” or “it appears to me”, “in my experience”, etc

as Chris Scoreboar said recently, we come here looking for new / different ideas so it benefits us to encourage as many viewpoints as possible

[4plexowner]

I’ve looked at prefab type housing from time to time – I don’t have the skills to build from scratch but I can follow directions and use basic hand tools – I look at http://www.yurts.com and think about a much simpler lifestyle away from the big city – and then I remember kids and family and work etc … and life goes on

many aspects of human communication are visual – body language, facial expressions – there’s also the audio aspects of communication like inflection, pauses, rate of speech – all of this is lost in this blog – all we have is the written word to communicate with

the bantering that you refer to allows us to use all aspects of communication and it also allows for quick exchange of ideas – it is sort of like mental sparring and like you, I enjoy it and I might say things just to get a rise out of somebody (if you don’t want someone to get your goat, don’t tell them where it is tied!) – the written word results in slower and more cumbersome communication – ideas that might be explored in depth during a hallway conversation with the guys get lost on the blog because it is hard to put words down in print

and if it wasn’t hard enough to put our thoughts into written words, we have to worry about having our ideas trashed as well as being the butt of ridicule and scorn – I have a perception that some people would post more (or post for the first time) if we could lessen the fear of being trashed and made fun of – that is what I am working on for myself – being slower to pounce but still having an expectation that data is required and that new ideas are easier to read when they are presented as “IMO” or “it appears to me”, “in my experience”, etc

as Chris Scoreboar said recently, we come here looking for new / different ideas so it benefits us to encourage as many viewpoints as possible

[4plexowner]

I’ve looked at prefab type housing from time to time – I don’t have the skills to build from scratch but I can follow directions and use basic hand tools – I look at http://www.yurts.com and think about a much simpler lifestyle away from the big city – and then I remember kids and family and work etc … and life goes on

many aspects of human communication are visual – body language, facial expressions – there’s also the audio aspects of communication like inflection, pauses, rate of speech – all of this is lost in this blog – all we have is the written word to communicate with

the bantering that you refer to allows us to use all aspects of communication and it also allows for quick exchange of ideas – it is sort of like mental sparring and like you, I enjoy it and I might say things just to get a rise out of somebody (if you don’t want someone to get your goat, don’t tell them where it is tied!) – the written word results in slower and more cumbersome communication – ideas that might be explored in depth during a hallway conversation with the guys get lost on the blog because it is hard to put words down in print

and if it wasn’t hard enough to put our thoughts into written words, we have to worry about having our ideas trashed as well as being the butt of ridicule and scorn – I have a perception that some people would post more (or post for the first time) if we could lessen the fear of being trashed and made fun of – that is what I am working on for myself – being slower to pounce but still having an expectation that data is required and that new ideas are easier to read when they are presented as “IMO” or “it appears to me”, “in my experience”, etc

as Chris Scoreboar said recently, we come here looking for new / different ideas so it benefits us to encourage as many viewpoints as possible

[4plexowner]

I’ve looked at prefab type housing from time to time – I don’t have the skills to build from scratch but I can follow directions and use basic hand tools – I look at http://www.yurts.com and think about a much simpler lifestyle away from the big city – and then I remember kids and family and work etc … and life goes on

many aspects of human communication are visual – body language, facial expressions – there’s also the audio aspects of communication like inflection, pauses, rate of speech – all of this is lost in this blog – all we have is the written word to communicate with

the bantering that you refer to allows us to use all aspects of communication and it also allows for quick exchange of ideas – it is sort of like mental sparring and like you, I enjoy it and I might say things just to get a rise out of somebody (if you don’t want someone to get your goat, don’t tell them where it is tied!) – the written word results in slower and more cumbersome communication – ideas that might be explored in depth during a hallway conversation with the guys get lost on the blog because it is hard to put words down in print

and if it wasn’t hard enough to put our thoughts into written words, we have to worry about having our ideas trashed as well as being the butt of ridicule and scorn – I have a perception that some people would post more (or post for the first time) if we could lessen the fear of being trashed and made fun of – that is what I am working on for myself – being slower to pounce but still having an expectation that data is required and that new ideas are easier to read when they are presented as “IMO” or “it appears to me”, “in my experience”, etc

as Chris Scoreboar said recently, we come here looking for new / different ideas so it benefits us to encourage as many viewpoints as possible

[4plexowner]

I’ve looked at prefab type housing from time to time – I don’t have the skills to build from scratch but I can follow directions and use basic hand tools – I look at http://www.yurts.com and think about a much simpler lifestyle away from the big city – and then I remember kids and family and work etc … and life goes on

many aspects of human communication are visual – body language, facial expressions – there’s also the audio aspects of communication like inflection, pauses, rate of speech – all of this is lost in this blog – all we have is the written word to communicate with

the bantering that you refer to allows us to use all aspects of communication and it also allows for quick exchange of ideas – it is sort of like mental sparring and like you, I enjoy it and I might say things just to get a rise out of somebody (if you don’t want someone to get your goat, don’t tell them where it is tied!) – the written word results in slower and more cumbersome communication – ideas that might be explored in depth during a hallway conversation with the guys get lost on the blog because it is hard to put words down in print

and if it wasn’t hard enough to put our thoughts into written words, we have to worry about having our ideas trashed as well as being the butt of ridicule and scorn – I have a perception that some people would post more (or post for the first time) if we could lessen the fear of being trashed and made fun of – that is what I am working on for myself – being slower to pounce but still having an expectation that data is required and that new ideas are easier to read when they are presented as “IMO” or “it appears to me”, “in my experience”, etc

as Chris Scoreboar said recently, we come here looking for new / different ideas so it benefits us to encourage as many viewpoints as possible

[4plexowner]

I concur that termite cert is not required unless specifically requested by buyer – this is one of the many check boxes on the offer to purchase form – do most buyers check this box and require the cert? – does the typical agent recommend that a buyer require a cert? – seems to me that an agent exposes themselves to additional liability by allowing an inexperienced buyer to buy something ‘as is’ – of course ‘inexperienced’ is a judgment call – if I were an agent in the deal my disclosures would state that I had advised my client against purchasing the property without a termite cert (which might be part of why I’m not an agent)

[4plexowner]

I concur that termite cert is not required unless specifically requested by buyer – this is one of the many check boxes on the offer to purchase form – do most buyers check this box and require the cert? – does the typical agent recommend that a buyer require a cert? – seems to me that an agent exposes themselves to additional liability by allowing an inexperienced buyer to buy something ‘as is’ – of course ‘inexperienced’ is a judgment call – if I were an agent in the deal my disclosures would state that I had advised my client against purchasing the property without a termite cert (which might be part of why I’m not an agent)

[4plexowner]

I concur that termite cert is not required unless specifically requested by buyer – this is one of the many check boxes on the offer to purchase form – do most buyers check this box and require the cert? – does the typical agent recommend that a buyer require a cert? – seems to me that an agent exposes themselves to additional liability by allowing an inexperienced buyer to buy something ‘as is’ – of course ‘inexperienced’ is a judgment call – if I were an agent in the deal my disclosures would state that I had advised my client against purchasing the property without a termite cert (which might be part of why I’m not an agent)

[4plexowner]

I concur that termite cert is not required unless specifically requested by buyer – this is one of the many check boxes on the offer to purchase form – do most buyers check this box and require the cert? – does the typical agent recommend that a buyer require a cert? – seems to me that an agent exposes themselves to additional liability by allowing an inexperienced buyer to buy something ‘as is’ – of course ‘inexperienced’ is a judgment call – if I were an agent in the deal my disclosures would state that I had advised my client against purchasing the property without a termite cert (which might be part of why I’m not an agent)

[4plexowner]

I concur that termite cert is not required unless specifically requested by buyer – this is one of the many check boxes on the offer to purchase form – do most buyers check this box and require the cert? – does the typical agent recommend that a buyer require a cert? – seems to me that an agent exposes themselves to additional liability by allowing an inexperienced buyer to buy something ‘as is’ – of course ‘inexperienced’ is a judgment call – if I were an agent in the deal my disclosures would state that I had advised my client against purchasing the property without a termite cert (which might be part of why I’m not an agent)

[SD Realtor]

the typical agent recommend that a buyer require a cert? –

Any agent worth his salt should use a WPA, (in essence absolutely they should check the box 4plex) and there can be no argument about that.

4plex I was just correcting the comment about lenders requiring a clearance. (As sdr corrected me when I posted a similar comment). Not at all disputing the good judgement of requiring a clearance. I am in an escrow now where they gave us a clean report from 6 months ago. We kicked it back and the inspection completed last week showed infestation.

Couldn’t agree more with you on requiring it.

SD Realtor

[SD Realtor]

the typical agent recommend that a buyer require a cert? –

Any agent worth his salt should use a WPA, (in essence absolutely they should check the box 4plex) and there can be no argument about that.

4plex I was just correcting the comment about lenders requiring a clearance. (As sdr corrected me when I posted a similar comment). Not at all disputing the good judgement of requiring a clearance. I am in an escrow now where they gave us a clean report from 6 months ago. We kicked it back and the inspection completed last week showed infestation.

Couldn’t agree more with you on requiring it.

SD Realtor

[SD Realtor]

the typical agent recommend that a buyer require a cert? –

Any agent worth his salt should use a WPA, (in essence absolutely they should check the box 4plex) and there can be no argument about that.

4plex I was just correcting the comment about lenders requiring a clearance. (As sdr corrected me when I posted a similar comment). Not at all disputing the good judgement of requiring a clearance. I am in an escrow now where they gave us a clean report from 6 months ago. We kicked it back and the inspection completed last week showed infestation.

Couldn’t agree more with you on requiring it.

SD Realtor

[SD Realtor]

the typical agent recommend that a buyer require a cert? –

Any agent worth his salt should use a WPA, (in essence absolutely they should check the box 4plex) and there can be no argument about that.

4plex I was just correcting the comment about lenders requiring a clearance. (As sdr corrected me when I posted a similar comment). Not at all disputing the good judgement of requiring a clearance. I am in an escrow now where they gave us a clean report from 6 months ago. We kicked it back and the inspection completed last week showed infestation.

Couldn’t agree more with you on requiring it.

SD Realtor

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